PTC Inc. (PTC) director granted 1,703 RSUs, 410 units vested

Rhea-AI Filing Summary

PTC Inc. director James A. Lico reported equity award and vesting transactions in the company’s stock-based compensation. On February 11, 2026, 410 restricted stock units vested and were converted into 410 shares of PTC common stock at an exercise price of $0.

On the same date, Lico received a new grant of 1,703 time-based restricted stock units, each representing one share of common stock. These new units vest on the earlier of PTC’s 2027 annual meeting of shareholders or March 15, 2027, and are held as direct beneficial ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LICO JAMES A

(Last) (First) (Middle)

C/O 121 SEAPORT BOULEVARD

(Street)

BOSTON MA 02210

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PTC INC. [ PTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/11/2026		M		410	A	$0	410	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/11/2026		M			410	(2)	(2)	Common Stock	410	$0	0(4)	D
Restricted Stock Units	(1)	02/11/2026		A		1,703		(3)	(3)	Common Stock	1,703	$0	1,703(4)	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of PTC Inc. common stock.

2. Time-based restricted stock units granted on October 13, 2025 that vested on February 11, 2026.

3. Time-based restricted stock units granted on February 11, 2026 that vest on the earlier of the date of PTC's 2027 Annual Meeting of Shareholders or March 15, 2027.

4. This amount represents the total number of derivative securities beneficially owned of the class shown.

	/s/Sean McGrath by power of attorney filed 10/05/2025	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider activity did PTC (PTC) director James A. Lico report?

Director James A. Lico reported both a vesting and a new grant of restricted stock units, converting 410 units into common shares and receiving 1,703 new units that will vest based on time and the 2027 shareholder meeting schedule.

How many PTC (PTC) restricted stock units vested for James A. Lico?

A total of 410 time-based restricted stock units vested for James A. Lico, converting into 410 shares of PTC common stock at an exercise price of $0, reflecting previously granted equity that became fully earned on February 11, 2026.

What new equity grant did PTC (PTC) director James A. Lico receive?

James A. Lico received a new grant of 1,703 time-based restricted stock units, each representing one share of PTC common stock. These units provide additional equity-based compensation that will vest in the future if specified time and meeting conditions are satisfied.

When do James A. Lico’s newly granted PTC (PTC) RSUs vest?

The 1,703 restricted stock units granted to James A. Lico vest on the earlier of PTC’s 2027 annual meeting of shareholders or March 15, 2027, aligning the award’s vesting with the company’s future governance and shareholder meeting timetable.

Did James A. Lico pay cash to exercise PTC (PTC) restricted stock units?

No cash was paid to exercise the restricted stock units. The 410 vested units converted into 410 PTC common shares at an exercise price of $0, reflecting standard settlement of time-based RSUs without an additional purchase price obligation.

How many PTC (PTC) derivative securities does James A. Lico hold after these transactions?

After these transactions, James A. Lico beneficially owns 1,703 derivative securities in the form of restricted stock units. This figure represents his remaining unvested RSUs of the reported class, as disclosed in the filing’s footnote describing total derivative holdings.